Welcome to The Axis, your late look at payments news from around the world. Coverage includes Global Payments’ tie-up with Alipay to serve Chinese tourists in the U.K. In addition, Grab and Fave are teaming up through a strategic partnership in Asia, and KKR and Tencent plan to invest in Voyager Innovations in the Philippines. Global Payments is […]
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One of Spain’s busiest ports is to deploy a blockchain network, plans to spread it to partners in the future. One of Spain’s busiest ports based in the city of Valencia has announced the creation of a “smart port” which will use blockchain and big data technologies. The news was revealed in a release published […]
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Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle, which allows users to invest in categorized crypto assets. Goldman Sachs-funded Circle Internet Financial Ltd. has launched a new feature for its crypto investment app Circle Invest dubbed “Collections.” The company has made the announcement in an official blog post […]
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Ethereum developer points out that Petro white paper has copied an image from Dash’s GitHub repository, among other similarities. Venezuelan state-owned cryptocurrency Petro has apparently plagiarized parts of its white paper from the GitHub repository of Dash. Core developer of Ethereum Joey Zhou pointed this out in a tweet posted Tuesday, Oct. 2. Zhou has […]
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World’s sixth largest crypto exchange Bithumb is launching a global decentralized trading platform in partnership with blockchain firm One Root Network. South Korean crypto exchange Bithumb, currently the world’s sixth largest by daily traded volume, will open a global decentralized crypto exchange, Business Korea reports Oct. 4. Bithumb has partnered with blockchain firm One Root […]
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The password if you want to pass by the gatekeepers? It’s your password. The real one, the one on your device. The news comes Wednesday that a new law has bowed in New Zealand. The law, which is part of the Customs and Excise Act of 2018 in that country, reported CNN, gives customs officials […]
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Bitcoin trading volumes in stricken Venezuela spiked again last week as one local commentator called claims Dash is making inroads in the country “snake oil.” GóMez: ‘No One Uses Dash’ for Payments Figures from P2P trading platform Localbitcoins gathered by monitoring site Coin Dance show a total of 898 BTC and 877 BTC changed hands […]
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It may not be much of a surprise to see a store clerk accept payment via smartphone, but recently, mPOS solutions are seeing increased implementation, beyond their traditional use by brick-and-mortar businesses. The flexibility, portability and business management features have seemingly made mPOS solutions attractive to a variety of industries. As a result, mPOS solutions […]
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Even as consumers conduct commerce and pay with taps and swipes, the Federal Reserve’s infrastructure underpinning payments could use a bit of modernization in a bid to support fast payments “for all,” Federal Reserve Governor Lael Brainard said in remarks made Wednesday (Oct. 3). To that end, the Federal Reserve is seeking public comment on […]
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It’s not about the transaction. Not really. Any financial institution, retailer or service provider can (one hopes) give consumers efficient ways to manage, move and use their funds. Nah, these days it’s about engagement. Consumers don’t want to be coddled (well, not just). They want a memorable experience, not just a mere transaction. They want […]
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